expenses of administration
- expenses of administration
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The costs of wrapping up a deceased person's estate and distributing property. They may include attorney fees, appraisal, costs, and probate court fees.
Category: Wills, Trusts & Estates → Estates, Executors & Probate Court
Nolo’s Plain-English Law Dictionary.
Gerald N. Hill, Kathleen Thompson Hill.
2009.
Look at other dictionaries:
expenses of administration — See administration expenses … Ballentine's law dictionary
expenses of administration — As used in Internal Revenue Code, means obligations incurred after decedent s death by his representatives in administering his estate. Mayer v. Reinecke, D.C.I11., 28 F.Supp. 334, 339. See administration expense … Black's law dictionary
expenses of administration — As used in Internal Revenue Code, means obligations incurred after decedent s death by his representatives in administering his estate. Mayer v. Reinecke, D.C.I11., 28 F.Supp. 334, 339. See administration expense … Black's law dictionary
administration — ad·min·is·tra·tion /əd ˌmi nə strā shən/ n 1: the act or process of administering the administration of justice 2 a: the management and disposal under court authority of the estate of a deceased person by an executor or an administrator b: the… … Law dictionary
administration overhead — administration expenses That part of the general overhead of an organization that is incurred in carrying out its administrative activities. It includes general office salaries, stationery, telephones, etc … Accounting dictionary
administration expenses — Items such as court costs, premium for surety bond, payments made for the preservation of the property of the estate while administration is pending, insurance premiums, attorney s fees incurred in litigation necessary in the preservation of the… … Ballentine's law dictionary
Administration of Justice Act 1774 — The Administration of Justice Act, or Act for the Impartial Administration of Justice, also popularly called the Murdering Act or Murder Act, an Act passed by the Parliament of Great Britain [1] and becoming law on May 20, 1774, is one of the… … Wikipedia
administration charges — Overhead charges O ver*head char ges, Overhead expenses O ver*head expenses, etc. (Accounting) Those general charges or expenses in any business which cannot be charged up as belonging exclusively to any particular part of the work or product, as … The Collaborative International Dictionary of English
Administration (law) — As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – an… … Wikipedia
testamentary expenses — Expenses of administration. Construed in some instances, although not in others, as inclusive of estate taxes or duties, as the phrase appears in a direction by the testator to the executor for the payment by the latter of testamentary expenses.… … Ballentine's law dictionary